Headhunters told ET that several employees from Satyam have approached them to explore options in other IT firms. These include heads of verticals — who are part of the company’s senior management team — and mid-level managers.
“We have received a number of calls in the last few days and resumes have not stopped floating in since the Maytas buyout was called off by Satyam. We have already received more than 100 such CVs so far,” said Head Hunters India CEO Kris Lakshmikanth.
“One cannot rule out the possibility that the top management in Satyam is unhappy over how the entire controversial takeover was handled, or mis-handled, which is posing a lot of problems in dealing with clients right now. If matters get worse and there is any major change in leadership, as many as 2-5% of its employees will soon be looking out for jobs,” said a Mumbai-based headhunter, who did not wish to be named.
A senior company executive with a customer-facing role recently confessed to the headhunter that he was facing difficulty dealing with clients and convincing them to renew their contracts with Satyam. The clients are in re-evaluation mood as they are ‘no longer satisfied with the intent and focus of the company’.
When asked if other IT companies would be willing to employ Satyam brass in the current market scenario, he said, “Those who are performers and have the right talent will get good opportunities. Those who specialise in certain verticals will get preference.”
However, he added that finding a job would not be easy for everyone. “It will take a few months before one actually sees employee movement from Satyam to other companies.”
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